Missouri 2015 Fund

Home » About The Plan » Fund Information and Fees » Missouri 2015 Fund

Manager: AllianceBernstein designs and implements the asset allocation and actively manages the glidepath. The investment portfolios underlying the Missouri Target Date Funds are managed by State Street Global Advisors, Vanguard, and BlackRock.

Category: A custom target date separate account (not a mutual fund).

Objective: Seeks the highest total return over time, consistent the Fund’s asset mix.

Strategy: The Missouri 2015 Fund is a diversified portfolio of equities and bonds built for investors who anticipate retiring around 2015, typically those born between 1948 and 1952. Over time, professional fund managers gradually adjust the investments, so the investment mix makes sense for your age. Funds that are farthest away from their target dates start out invested almost entirely in equities to emphasize the growth potential you need to build wealth over the long term. As you move closer to retirement, the Fund automatically adjusts to a more conservative mix of investments. That means fewer equities and more bonds. So by the time you move into retirement, the Fund will be more focused on protecting principal and generating income.

Expenses: 0.23%*

Click here to view the fund fact sheet

*The above fees include operating expenses and investment management and administrative fees and may be subject to change.